An overview of igaming revenue in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware, the six states where online gambling is legal in the U.S.
National
Total igaming revenue for October 2023 in Pennsylvania, New Jersey, Michigan, Connecticut, West Virginia, and Delaware added up to $562.4 million, an increase of 23.2% over October 2022, when revenue records were set by New Jersey, Michigan, Pennsylvania, and Connecticut. Last month, Connecticut and West Virginia set new revenue records.
Pennsylvania
Revenue from igaming in Pennsylvania totaled $186.9 million, only $500,000 less than the record set in September. It was 45.1% higher than the $118.1 million year over year and the first time the Keystone State ranked number one for igaming revenue among the six legal states.
Total revenue from online slots, $109.8 million, jumped 24% compared to last year, while online table games’ $42.6 million was up 17.6%. Internet poker’s $2.3 million continued a downward trend, 8.3% less than October 2022’s $2.5 million, itself a drop from $2.8 million in October 2021.
Pennsylvania collected $66.5 million in igaming taxes in October, up 23.2% compared to last year’s $52.7 million.
New Jersey
For the month of October, internet-gaming win reported in New Jersey was $166.8 million, reflecting growth of 13.3% compared to $147.2 million for the prior-year period.
Golden Nugget continued its market-share hegemony with $49.4 million in earnings, an increase of nearly 30% year over year, while Resorts Digital placed second, as it usually does, with $46 million, 17.1% higher than last year’s total. Borgata/BetMGM took another nosedive into third place with $36.5 million, down 13.2% from October 2022’s $41 million.
New Jersey collected $25.1 million in online-gambling taxes in October, a 13.2 increase compared to last year’s $22.1 million.
Michigan
In October, Great Lakes State operators won $160.3 million from online gamblers, an increase of 12.8% over October 2022’s $141 million, which set a record at the time for the third month in a row.
Michigan’s 14 online casino operators paid $30.1 million in taxes, up 13.5% year over year. Of the total, $7.5 million went to the city of Detroit and $3.7 million to the various tribal governments.
Connecticut
Igaming operators set another new revenue record in October at $31.9 million, surpassing the record $30.4 million set in September.
DraftKings’s $18.8 million market share of 60% was an all-time high; FanDuel generated the other $12.4 million, a 7% smaller market share than in September.
West Virginia
The Mountain State’s igaming revenue for October came in at $15.5 million, setting a new record for the four-week reporting period. It beat the previous record of $14.3 million set in March by a noticeable 8.1% and it was a significant 44.9% increase over October 2022’s $9.4 million, itself a 32% jump from October 2021.
Delaware
Delaware’s internet casinos won $982,919 from gamblers in October 2023, a substantial decline of just under 20%.
Online video lottery (slot) games once again accounted for the lion’s share of income at $786,947, down 14.7% from last year’s $911,649, while table games generated $170,402 compared to $258,377, a major plunge of 41%. Online poker revenue completed the trifecta, dropping 10.8% to $25,570 from last year’s $28,495.
